Interactive Brokers vs Q8 Trade

Interactive Brokers vs Q8 Trade Comparison Table 2021
Interactive Brokers Q8 Trade
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only. Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best Regional Forex Trading Platform 2018 - Global Brands Magazine
Fastest Growing Forex Brand MENA 2018 - International Business Magazine
Bonus
None Up to 25% welcome bonus
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10000 $250
Payment Methods
ACH Transfer, Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay Visa
Minimum Trade
$100 0.01 lots
Regulator
SEC, FCA FSA (Seychelles)
Margin Trading
Yes No
Margin Rate
1.55 - 2.59%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
No Yes
Trade Signals
No Yes
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF -
CFD
Trade in different markets with multiple CFD products.
Leverage
1:50 1:400
FTSE Spread
0.005% (£1 Min) 4.5
GBPUSD Spread
Commission (.20 pts x trade value) 1.4
Oil Spread
N/A 3
Stocks Spread
From 0.003 per share, variable 0.1
Forex
Trade a mix of online currency pairs with leverage.
GBPUSD Spread
Commission (.20 pts x trade value) 1.4
EURUSD Spread
Commission (.20 pts x trade value) 1.5
EURGBP Spread
Commission (.20 pts x trade value) 1.9
Assets
70+ 45
Cryptocurrency
Trade Bitcoin against the US Dollar.
Spread
100
Coins
BTC, LTC, ETH, XRP BTC